Comment on Tradetax for income tax returns when trading

Sumit bedi commented on 30 Jul 2017, 05:38 PM

Hi Nitin,

Just wanted to confirm if brokerage nd other charges are adjusted in the profit shown in intraday and short term equities trading.
Secondly, just wanted to highlight you that online tax P &L statement generated by your system is not always correct. I pulled up statement from April ’17 to July’17 where one of the major trade where i booked loss was not in the list. was corrected after i marked a mail to your zerodhacare with NSE statement of that day. In last FY , there might be some other trades missed by you which even i can’t recollect…and these ommisions might lead to either payment of excess taxes or we may fall under scrutiny for hiding the income if some profit making trades are omitted . This is serious and you must analyse your internal systems as we as customers go by the statements .
Regds, Sumit Bedi RS8315

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